News
Zimbabwe just drew a hard line for foreign miners concerning its gold
1+ hour, 53+ min ago (381+ words) Zimbabwe is stepping up its campaign for resource-driven industrialization by prohibiting foreign individuals and firms from participating in small-scale gold mining, the latest move in a larger strategy to boost local ownership and promote the domestic mineral industry. Polite Kambamura…...
Elon Musk's wealth jumps to a record $722 billion as Space X's IPO filing shines new light on his finances
1+ day, 8+ hour ago (294+ words) Elon Musk's estimated wealth soared by $45 billion to a record $722 billion on Thursday after the release of Space X's IPO prospectus offered fresh transparency into his personal finances. The Space X and Tesla CEO's net worth jumped after the Bloomberg…...
Africa's imports of Chinese solar panels jump 60% as continent turns to renewables
8+ mon, 3+ week ago (30+ words) African countries are ordering more Chinese solar panels, with imports increasing by 60% in the 12 months through June, according to the climate think tank Ember. | Business Insider Africa...
China's solar exports to Africa surge 83% as power crises deepen across the continent
2+ day, 11+ hour ago (534+ words) Africa's worsening electricity shortages and rising energy costs are driving a massive surge in demand for Chinese solar equipment, strengthening Beijing's grip on one of the world's fastest-growing renewable energy markets. New Chinese customs data released on Wednesday showed exports…...
Anthropic just scored a major AI hire: Andrej Karpathy, the former Tesla AI boss who coined 'vibe coding"
4+ day, 3+ hour ago (513+ words) Anthropic just landed one of the biggest names in AI. Andrej Karpathy, the Open AI founding member who was formerly Tesla's director of AI, announced on Tuesday that he had joined Anthropic. The hiring marks a major get for Anthropic…...
Zambia resumes sulphuric acid exports to DR Congo as copper and cobalt demand rises
5+ day, 11+ hour ago (140+ words) Zambia has allowed limited sulphuric acid exports to DR Congo after recovering local supplies, easing pressure on one of the world's most important copper and cobalt mining regions. | Business Insider Africa...
Zimbabwe export ban drives lithium and PGMs to nearly $1 billion mineral sales
6+ day, 6+ hour ago (341+ words) Zimbabwe's mineral sector delivered a strong first-quarter performance, with total mineral sales coming close to the $1 billion mark as lithium and Platinum Group Metals (PGMs) surged following the government's export ban on unbeneficiated minerals. The policy, introduced on February 25, has…...
Germany turns to Madagascar as Europe races to cut China out of the battery supply chain
1+ week, 9+ hour ago (523+ words) Germany is turning to Madagascar in its search for critical minerals as Europe accelerates efforts to reduce dependence on China for materials used in electric vehicle batteries and clean energy technologies. Canadian mining company Next Source Materials said German government…...
5 reasons Europe and the U. S. are losing Africa's rare earth and critical minerals race to China
1+ week, 2+ day ago (245+ words) China's growing dominance across Africa's lithium and rare earth sectors is reshaping global industrial power, giving Beijing greater control over minerals critical to electric vehicles, AI and defense systems, even as the United States and Europe retain stronger influence over…...
China tightens grip on West Africa's lithium as U. S. -linked miner exits Africa's critical minerals race
1+ week, 3+ day ago (226+ words) China is expanding its control of lithium assets across Mali, Zimbabwe and Ghana, further strengthening Beijing's lead over the United States in the global battery supply chain race. | Business Insider Africa...